Business and Personal Finance Dictionary

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• PERCENTAGE LEASE - A lease, commonly used for commercial property, whose rental is based on the tenant'...
  
  
• PERCENTAGE OF COMPLETION METHOD OF ACCOUNTING - is instituted if your revenues exceed $10,000,000 (3-ye...
  
  
• PERCENTAGE ORDER - Used for listed equity securities. Market limited price order to buy/sell a specifie...
  
  
• PERCENTAGE POINT - One percent of the loan or a measure of the interest rate.
  
  
• PERCENTAGE PREMIUM - Applies mainly to convertible securities. Premium over parity of a convertible bon...
  
  
• PERCENTAGE RENT - Rent payable under a lease that is equal to a percentage of gross sales or gross reve...
  
  
• PERCENTILE - A value on a scale of one hundred that indicates the percent of a distribution that is equ...
  
  
• PERCEPTRON - A pattern-recognition machine, based on an analogy to the human nervous system, capable of...
  
  
• PERCOLATION - 1) The movement of water downward in a circular direction through subsurface soil layers,...
  
  
• PERCOLATION TEST - A test of the soil to determine if it will absorb and drain water adequately to use ...